Mongolia's growing gold industry

8:25 AM Tuesday Sep 6, 2011

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Mongolia's growing gold industry

8:25 AM Tuesday Sep 6, 2011

Mongolia is home to three million people - more than half are nomadic herders, reliant on the land for survival.It's vast landscape, freezing winters and scorching summers make it a difficult place to live.But more and more foreign investors are coming to Mongolia for what lies underground.The country is thought to have large untapped reserves of gold and minerals.Many mines are already operating and an environmentalist from Bagakhailast gold mine says many aren't being properly monitored.